ASIA: Chinese businesses are letting go of more workers than they are hiring, even though the economy is seeing some recovery from the pandemic, official data showed Monday. A survey conducted by National Bureau of Statistics, which polls businesses on how their operations have changed from the prior month, and compiles the responses into two […]

ASIA: Chinese and US senior trade officials held a virtual meeting to ramp up trade talks. Chinese Vice Premier Liu He held a virtual meeting with US Treasury Secretary Janet Yellen on Wednesday – his second discussion with top economic and trade officials under the Biden administration in less than a week, with both parties […]

ASIA: China has announced that it will allow couples to have up to three children after census data showed a steep decline in birth rates. The cost of raising children in cities has deterred many Chinese couples. The latest move was approved by President Xi Jinping at a meeting of top Communist Party officials. Chinese […]

ASIA: Despite a reasonable economic recovery, the giant Chinese economy will be bedeviled by serious problems, says a top corporate survey specializing in China. This 2021 China Corporate Payment Survey, made available to IANS, was conducted between February and April this year by COFACE, which surveyed over 600 companies across 13 broad sectors located in […]

ASIA: The US and China’s top trade negotiators have held “candid, pragmatic” talks, in their first meeting under the Biden presidency. US Trade Representative Katherine Tai and Chinese Vice Premier Liu He held a virtual meeting to discuss matters. In the virtual meeting, both sides said they discussed the importance of the trade relationship between […]

ASIA: As the trade deal between the U.S. and China runs into its second year, Chinese purchases are still running short of the agreed amount, according to the U.S.-based Peterson Institute for International Economics. The deal stipulated that relative to imports from the U.S. in 2017, China needed to buy at least $200 billion more […]

There is a rising minority that is starting to blame France’s prolonged economic decline on joining the euro. They are demanding that Macron take back control of their country. Creating the euro never produced the single interest rate as promised, nor did it transform Europe into the image of the United States. Their misunderstanding of […]

ASIA: Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny. Cryptocurrency exchange Huobi on Monday suspended both crypto-mining and some trading services to new clients from mainland China, adding it will […]

I hear the whispers – Ron DeSantis for President. Indeed, he seems to be the ONLY politician who understands the gravity of what is taking place in America. He now signed legislation that allows Florida to impose fines on social media platforms that ban users with ever-changing guidelines and clear outrageous bias. The bill (SB 7072) […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 46.78 points or 0.17% to 28,364.61 Shanghai increased 10.73 points or 0.31% to 3,497.28 Hang Seng decreased 46.18 points or -0.16% to 28,412.26 ASX 200 increased 15.60 points or 0.22% to 7,045.90 Kospi decreased 12.12 points or -0.38% to 3,144.30 […]